HomePoliticsEuropean elections: Glucksmann wants to tax the super-rich on a European scale

European elections: Glucksmann wants to tax the super-rich on a European scale

The leader of the Socialist Party list in the European elections advocates a tax aimed at the “richest 0.1%” to reinforce the “resources” of the EU and invest “in social projects” against “climate collapse.”

The PS-Public Place candidate for the European elections, Raphaël Glucksmann, wants to “impose a tax on the largest wealth on the European continent”, in particular to finance the ecological transition.

“We are collecting signatures throughout Europe, with our German friends, with our Italian friends,” explained the candidate who leads the left in the polls on France Info this Friday, March 29.

A tax aimed at the “richest 0.1%”

“The challenge is not simply to restore the ISF in France, it is to have a tax on the scale of the European continent” aimed at the “richest 0.1%”, the only “billionaires and billionaires” who “today have” a real tax rate which is actually close to 0.5%.”

The objective of this European “RIC” (citizen initiative referendum) is to “complement the European Union’s own resources” so that “Europe invests in social projects” against “climate collapse” thanks to a “European budget.”

“We now need to obtain a million signatures so that the European Commission, in interaction with Parliament, can discuss the bases,” he stated, convinced of “getting there.”

“Super benefits of war”

The European Union, however, has limited jurisdiction over the direct taxation of individuals unless it affects the internal market, such as tax evasion or the taxation of savings. Furthermore, it is an issue that requires the unanimity of the 27.

“Together we will get the European Union to impose this tax on the highest assets,” the candidate insisted. According to him, the taxation of super profits, currently under debate in France due to the growing public deficit, corresponds to a transition to a “war economy” when Russia invaded Ukraine more than two years ago.

“I saw that a Minister of Economy had doubts about the definition of superprofit, in economics it is very clear (…) a superprofit is a benefit that is not based on any gain in competitiveness, on any rational explanation apart from the general geopolitical situation , it is about war speculation,” explained Raphaël Glucksmann.

“This taxation of super war profits, this taxation of the highest assets, is part of a self-defense mechanism for our nations,” he added.

Author: boyfriend with afp
Source: BFM TV

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